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I have a SFR in Memphis, TN. a potential renter called about the property and advised that the company they work for, which is out of state, will be paying the rent. So, my questions are - do I and can I run a backg...
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Is there a rule of thumb that any of you follow in regards to submarket population size in a zip code or census tract for different sizes of multifamily properties? For instance if an MSA has a population of 4M people...
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Not quite an investor question though personal savings will help with investment purchases…
Recently and due to personal circumstances, I submitted a resignation letter to my employer with an effective date in late M...
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Hello everyone. Who are your preferred custodian or provider of accounts for solo 401k or self-directed IRA. Obviously looking for the ability to invest in real estate, but also stocks and other alternatives. Lower...
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I have a 2BR, 1 Bath apartment listed for rent. I have it listed on Zillow, Apartments, Facebook, and Craigslist. I know Apartments.com and Zillow does tenant screening, but for those on Facebook and Craigslist, what'...
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Merry Christmas to everyone!
I am in the process of renting out a home and want verify the income for this couple that applied for it. My question is: am I legally allowed to do that and how do I go about it? Do I c...
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Self-employment taxes are imposed on self-employment income in lieu of Social Security and Medicare taxes that an employee would typically have withheld from their paycheck. It is calculated on the net income that an ...
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Hello everyone. After years of stalling, I've recently taken the plunge.. Appreciative of all the advice and information the BP community provides and suspect I will be spending my nights reading as much as I can...
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Can a pre-taxed self-employed income (pass-through entity) be used to purchase a rental property?
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Hello there ! We have a prospective tenant and her son that we are screening. The mom is going to live there. Son is going to be on the lease, but won't live there. The main income is from the son. Both have excellent...